ANV Launches U.S. coping with general Underwriter for D&O

ANV Holdings BV, the uniqueness insurance enterprise, centered in the Netherlands, announced the hole of its first U.S. market handling widespread Underwriter (MGU), to be led through Peter McKeegan.

ANV said the “team will underwrite monetary lines for the U.S. marketplace out of its New Jersey places of work,” and that the addition “marks a primary step by way of ANV in growing its MGU operations within the U.S. marketplace.”

McKeegan has large experience in D&O and control legal responsibility underwriting. The bulletin said that “below his management, this group will attention on control and expert legal responsibility with a particular emphasis on primary and follow-form extra legal responsibility D&O for personal, non-earnings and pick out public entities. similarly to this paintings, the crew underwrites stand-on my own and combined form employment practices legal responsibility insurance and fiduciary liability.”

As an MGU, “the crew is subsidized by using the capital, underwriting perception and offerings help of ANV Syndicate 1861 at Lloyd’s,” the statement defined. “A key area of recognition for the crew is to provide underwriting answers for risks where fashionable fashions can not be without problems implemented and more hands-on and answer-oriented underwriting technique is wanted.”

earlier than becoming a member of ANV, McKeegan led the expert strains commercial enterprise at American safety insurance. He has greater than 30 years of expert traces revel in, and changed into involved in the start-up of the D&O operations at Arch, IronPro and Rockhill coverage, in addition to his extra than 15 years at AIG, wherein he led underwriting divisions for each industrial and economic lines. he is joined by using fellow underwriters Joseph Costello and Stephanie Rubio.

“america marketplace is a strategic priority and a natural evolution of ANV’s enterprise, due to its size and its specific underwriting possibilities,” explained R. Matthew Fairfield, ANV’s Founder and CEO; adding that McKeegan “brings deep revel in and creativity with an ancient perspective that few underwriters in the marketplace can suit for these merchandise. we are excited to convey this level of information to the us marketplace.”

In an interview at final yr’s Reinsurance Rendezvous Fairfield defined some of ANV’s future growth plans.